PT Adhi Karya (Persero) Tbk (IDX:ADHI)

AY Income Statement

Financials in millions IDR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11,483,220	13,351,717	20,072,993	13,549,010	11,530,472	10,827,682
Revenue Growth (YoY)	-40.80%	-33.48%	48.15%	17.51%	6.49%	-29.27%
Cost of Revenue	9,803,956	11,723,660	17,750,066	11,752,722	9,774,046	9,091,969
Gross Profit	1,679,264	1,628,057	2,322,927	1,796,288	1,756,426	1,735,714
Selling, General & Admin	926,913	925,956	878,803	726,368	635,365	727,681
Other Operating Expenses	91,159	91,159	310,955	171,014	167,674	9,334
Operating Expenses	1,018,073	1,017,115	1,189,757	897,382	803,039	737,014
Operating Income	661,191	610,941	1,133,170	898,906	953,387	998,699
Interest Expense	-711,728	-783,748	-735,976	-718,376	-778,545	-745,204
Interest & Investment Income	41,718	60,714	79,229	34,540	31,862	45,217
Earnings From Equity Investments	733,117	887,040	483,514	411,638	355,529	155,928
Currency Exchange Gain (Loss)	2,638	3,304	-1,094	-9,435	-6,860	2,368
Other Non Operating Income (Expenses)	-480,543	-476,973	-174,747	-111,164	-141,072	-101,781
EBT Excluding Unusual Items	246,393	301,278	784,097	506,109	414,301	355,227
Gain (Loss) on Sale of Assets	6,971	6,971	1,626	24,548	906.27	1,114
Asset Writedown	5,379	5,379	51,302	20,707	27,873	-
Other Unusual Items	298,954	298,954	-	-	-	-
Pretax Income	557,696	612,581	837,025	551,365	443,080	356,341
Income Tax Expense	286,030	331,433	547,143	376,155	356,580	332,638
Earnings From Continuing Operations	271,667	281,148	289,883	175,210	86,500	23,703
Minority Interest in Earnings	-25,398	-28,650	-75,867	-93,968	-31,315	274.24
Net Income	246,269	252,498	214,016	81,242	55,185	23,977
Net Income to Common	246,269	252,498	214,016	81,242	55,185	23,977
Net Income Growth	14.34%	17.98%	163.43%	47.22%	130.16%	-96.39%
Shares Outstanding (Basic)	8,408	8,408	8,408	4,371	3,561	3,561
Shares Outstanding (Diluted)	8,408	8,408	8,408	4,371	3,561	3,561
Shares Change (YoY)	-	-	92.36%	22.75%	-	-
EPS (Basic)	29.29	30.03	25.46	18.59	15.50	6.73
EPS (Diluted)	29.29	30.03	25.46	18.59	15.50	6.73
EPS Growth	14.34%	17.98%	36.95%	19.93%	130.16%	-96.39%
Free Cash Flow	174,632	1,431,420	-70,449	1,117,137	1,461,209	1,180,678
Free Cash Flow Per Share	20.77	170.25	-8.38	255.59	410.35	331.57
Gross Margin	14.62%	12.19%	11.57%	13.26%	15.23%	16.03%
Operating Margin	5.76%	4.58%	5.64%	6.63%	8.27%	9.22%
Profit Margin	2.15%	1.89%	1.07%	0.60%	0.48%	0.22%
Free Cash Flow Margin	1.52%	10.72%	-0.35%	8.24%	12.67%	10.90%
EBITDA	775,733	736,795	1,268,212	1,041,593	1,121,836	1,161,462
EBITDA Margin	6.75%	5.52%	6.32%	7.69%	9.73%	10.73%
D&A For EBITDA	114,541	125,853	135,042	142,687	168,449	162,763
EBIT	661,191	610,941	1,133,170	898,906	953,387	998,699
EBIT Margin	5.76%	4.58%	5.64%	6.63%	8.27%	9.22%
Effective Tax Rate	51.29%	54.10%	65.37%	68.22%	80.48%	93.35%

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.